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Tires & Rubber Products

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Regulator rejects Hengli Petrochemical's asset acquisition proposal

5:11am EDT

Oct 20 (Reuters) - Hengli Petrochemical Co Ltd <600346.SS>:Says securities regulator rejects its asset acquisition proposal.

Zhejiang Jingu to swing to profit in FY 2017

Thursday, 19 Oct 2017 10:34pm EDT

Oct 20 (Reuters) - Zhejiang Jingu Co Ltd <002488.SZ> ::Sees to swing to net profit at 15 million yuan to 65 million yuan in FY 2017 versus net loss at 138.2 million yuan year ago.Says growth in main businesses as main reason for the forecast.

Gui Zhou Tyre sees Q1~Q3 FY 2017 net loss to be 10 mln yuan to 25 mln yuan

Tuesday, 17 Oct 2017 06:52am EDT

Oct 17 (Reuters) - Gui Zhou Tyre Co Ltd <000589.SZ> ::Sees Q1~Q3 FY 2017 net loss to be 10 million yuan to 25 million yuan .Says Q1~Q3 FY 2016 net profit was 7.0 million yuan.The reasons for the forecast are increased material price and effect of "double reverse" measure in U.S. .

Semperit Holding: ‍agreement on social plan for French production site signed​

Friday, 13 Oct 2017 07:32am EDT

Oct 13 (Reuters) - SEMPERIT AG HOLDING ::‍AGREEMENT ON SOCIAL PLAN FOR FRENCH PRODUCTION SITE IN ARGENTEUIL SIGNED​.‍STILL EXPECTS ONE-OFF EXPENSES AND EXCEPTIONAL CHARGES OF MORE THAN EUR 10 MILLION IN TOTAL FROM TODAY'S PERSPECTIVE​.

Zhejiang Tiantie Industry sees Q1 to Q3 of FY 2017 net profit up 0.85 pct to 1.39 pct

Friday, 13 Oct 2017 01:21am EDT

Oct 13(Reuters) - Zhejiang Tiantie Industry Co Ltd <300587.SZ>:Sees Q1 to Q3 of FY 2017 net profit to increase by 0.85 percent to 1.39 percent, or to be 47.2 million yuan to 47.4 million yuan .Says Q1 to Q3 of FY 2016 net profit was 46.8 million yuan.Says increased business income is the main reason for the forecast.

Daetwyler Holding says ‍claude R. Cornaz nominated for board of directors

Friday, 13 Oct 2017 01:04am EDT

Oct 13 (Reuters) - DAETWYLER HOLDING AG ::‍CLAUDE R. CORNAZ NOMINATED FOR ELECTION AS NEW DIRECTOR AT AGM TO BE HELD ON 6 MARCH 2018​.

Chengdu Guibao Science & Technology sees Q1 to Q3 of FY 2017 net profit down 40 pct to 60 pct

Wednesday, 11 Oct 2017 01:29am EDT

Oct 11(Reuters) - Chengdu Guibao Science & Technology Co Ltd <300019.SZ>:Sees Q1 to Q3 of FY 2017 net profit to decrease by 40 percent to 60 percent, or to be 27 million yuan to 40 million yuan.Says Q1 to Q3 of FY 2016 net profit was 67.5 million yuan.Says increased price of raw materials is the main reason for the forecast.

Ta Yang Group's unit sells Dongguan Tai Yang Rubber Plastic Industrial

Tuesday, 10 Oct 2017 06:06pm EDT

Oct 11 (Reuters) - Ta Yang Group Holdings Ltd <1991.HK>:Unit ‍disposes of 100 pct equity interest in Dongguan Tai Yang Rubber Plastic Industrial Company Ltd.Deal for HK$55.8 mln‍​.‍Expected to record an unaudited gain from disposal of about HK$1.9 million.

Semperit says oper earnings below expectations in H2/2017​

Monday, 9 Oct 2017 07:28am EDT

Oct 9 (Reuters) - SEMPERIT AG HOLDING ::OPERATIONAL EARNINGS SITUATION OF SEMPERIT GROUP WILL REMAIN BELOW EXPECTATIONS IN SECOND HALF OF 2017​.‍DO NOT EXPECT SIGNIFICANT IMPROVEMENT IN OPERATIONAL BUSINESS FOR THIRD AND FOURTH QUARTERS OF 2017 ON CURRENT BASIS​.‍OPERATING RESULT IS MAINLY BURDENED BY VOLATILITY OF RAW MATERIAL PRICES AS WELL AS OPERATIONAL CHALLENGES​.‍OUTLOOK WILL REMAIN SUSPENDED FOR COMING QUARTERS​.SEMPERIT - ‍DECIDED ON COMPREHENSIVE ANALYSES AND STRATEGY PROCESS EXPECTED TO BE COMPLETED IN Q2 2018 AND WILL CREATE ONGOING EXPENSES IN THIS PERIOD​.‍SIGNIFICANT NON-RECURRING CHARGES CANNOT BE RULED OUT IN COMING QUARTERS​.

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